Pavaso Appoints New EVP of Capital Markets

Pavaso, a Texas-based digital mortgage closing technology company has announced the appointment of Brenda B. Clem as EVP of Capital Markets.

“Pavaso is the developer of the industry's only digital closing platform that brings lenders, title companies and borrowers together in one single digital portal.”

According to Pavaso, Clem is a mortgage industry veteran with over 30 years' experience in operations and secondary markets. Her focus at Pavaso will be on education and increasing awareness in the mortgage industry on how to improve residential lending through technology, including eNote, eMortgage and eWarehouse adoption.

Additionally, Clem co-chairs MISMO's eWarehouse workgroup and is a frequent speaker at industry events. She also authors articles for a variety of mortgage trade publications.

"Brenda is already a familiar face in the mortgage industry, and we are honored to have her on our team," said Mark McElroy, CEO, Pavaso. "She will be one of Pavaso's top spokespersons in leading the charge toward universal adoption of eMortgage. Brenda's passion, experience and her ability to articulate complicated information clearly make her an outstanding resource for Pavaso's clients, as well as for the industry as a whole."

"I'm very pleased to join Pavaso, a leader in digital closings," Clem said. "Pavaso's technology reduces loan costs by digitizing the process, enabling lenders to provide a more complete loan package and reduce errors by eliminating undersigning and over signing of closing documents."

“With Pavaso's technology, consumers experience a transparent and convenient closing process because they--or their REALTORS or loan officers--have access to the closing documents anywhere, on any device, prior to closing," McElroy added. According to McElroy, the Pavaso Platform is also capable of producing hybrid closings, which are part ink and part digital, as well as complete eNote and eVault transactions.